$140,000
SOLD JAN 30, 2023

59 Summit St Pontiac, MI 48342

3 Beds
1 Bath
1,050 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$133 Per Sq Ft

7% Below List Price

28 Days on Market

Highlights

  • Ground Level Unit
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Bungalow

About This Home

As of March 2025

This is the one - your house atop a hill. Renovated from top to bottom with an eye for detail and quality. New kitchen with shaker cabinets, granite countertops, luxury vinyl tile, spacious living room, spotless basement with new water heater, upstairs bungalow with new carpet, refinished hardwood floors, vinyl siding, redone bathroom with shower enclosure and new vanity. Minutes from the heart of downtown.

Last Agent to Sell the Property

John Faarup

Michigan United Realty License #6502399626 Listed on: 12/02/2022

Last Buyer's Agent

Michelle Gill

EXP Realty Main License #6501302917

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1943 | Remodeled in 2022

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x130

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,050 Sq Ft Home
  • 1.5-Story Property
  • Microwave
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Fairview Pontiac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1420354014

Home Details

Home Type

Single Family

Est. Annual Taxes

$648

Year Built

Built in 1943 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 63.00
  • Year Built: 1943
  • State Equalized Value: 16550.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Microwave
  • Sq Ft Combined: 1050
  • Total Sq Ft: 1050
  • Sq Ft Total Bsmt: 691

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pontiac

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 40x130
  • Parcel Number: 1420354014

Rental Info

  • Deposit Amount: 30000.00

Tax Info

  • Tax Amount Summer: 566.0000
  • Tax Amount Winter: 82.0000
  • Total Tax: 648.0000
  • Taxable Value: 10540.0000

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Mar 6, 2025
Sold by
Degrandchamp William Alfred and Degrandchamp Debora
Bought by
Degrandchamp William Alfred and Bertram-Degrandchamp Ronda K
Seller's Agent
Elizabeth Waters-scott
Real Estate For A CAUSE
Buyer's Agent
Brock House
KW Metro
List Price
$164,900
Sold Price
$156,000
Premium/Discount to List
-$8,900
-5.4%
Views
94
Current Estimated Value
$156,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$839
Avg. Annual Appreciation
1.32%
Original Mortgage
$153,174
Outstanding Balance
$152,398
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$4,441

Purchase Details

Listed on
Dec 2, 2022
Closed on
Jan 30, 2023
Sold by
Prophecy Homes Llc
Bought by
Jones Laura
Seller's Agent
John Faarup
Michigan United Realty
Buyer's Agent
Michelle Gill
EXP Realty Main
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$150,220
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 20, 2022
Sold by
D Elizabeth Investments Llc
Bought by
Prophecy Homes Llc
Seller's Agent
Pamela Bradshaw
RE/MAX Eclipse Clarkston
Buyer's Agent
John Faarup
Michigan United Realty
List Price
$70,000
Sold Price
$67,500
Premium/Discount to List
-$2,500
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
187.85%

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 31, 2012
Sold by
Magyar Alan L
Bought by
D Elizabeth Investments Llc
Seller's Agent
Jason Childs
KW Showcase Realty
Buyer's Agent
Pamela Bradshaw
RE/MAX Eclipse Clarkston
List Price
$9,900
Sold Price
$12,100
Premium/Discount to List
$2,200
22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.59%

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 10, 2012
Sold by
Wilson Steven
Bought by
Magyar Alan L
Seller's Agent
Jason Childs
KW Showcase Realty
Buyer's Agent
Pamela Bradshaw
RE/MAX Eclipse Clarkston
List Price
$9,900
Sold Price
$12,100
Premium/Discount to List
$2,200
22.22%

Purchase Details

Closed on
Jul 28, 2006
Sold by
Sw 59 Summit Llc
Bought by
Wilson Steven

Purchase Details

Closed on
Apr 15, 2004
Sold by
Wilson Steven
Bought by
Sw 59 Summit Llc

Purchase Details

Closed on
Nov 14, 2003
Sold by
Bankers Trust Co Of California Na
Bought by
Wilson Steve

Purchase Details

Closed on
Mar 25, 2003
Sold by
Hutchons Mary and Hutchons Crystal
Bought by
Bankers Trust Co Of California Na and Aames Mortgage Trust 2001-4 Mortgage Pas

Purchase Details

Closed on
Sep 26, 2001
Sold by
Hutchons Mary
Bought by
Hutchons Crystal R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.68%

Purchase Details

Closed on
Oct 3, 1996
Sold by
Self Michael J
Bought by
Hutchons Mary
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $156,000 None Listed On Document
Warranty Deed $145,000 Reputation First Title
Warranty Deed $67,500 Partners Title
Quit Claim Deed -- None Available
Warranty Deed $12,100 Continental Title Agency Llc
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Deed $23,900 Attorneys Title Agency Llc
Sheriffs Deed $60,550 --
Deed -- --
Deed $57,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,174 FHA
Closed $153,174 FHA
Previous Owner $150,220 VA
Previous Owner $52,000 Unknown
Previous Owner $49,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $156,000 -1.0% $149 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
12/01/2024 12/01/24 Price Changed $157,500 -3.3% $150 / Sq Ft
09/26/2024 09/26/24 Price Changed $162,900 -1.2% $155 / Sq Ft
09/11/2024 09/11/24 For Sale $164,900 +17.8% $157 / Sq Ft
01/30/2023 01/30/23 Sold $140,000 -2.8% $133 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/27/2022 12/27/22 Price Changed $144,000 -0.6% $137 / Sq Ft
12/12/2022 12/12/22 Price Changed $144,900 -3.3% $138 / Sq Ft
12/02/2022 12/02/22 For Sale $149,900 +122.1% $143 / Sq Ft
05/23/2022 05/23/22 Sold $67,500 -3.6% $96 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $70,000 +478.5% $100 / Sq Ft
10/16/2012 10/16/12 Sold $12,100 +22.2% $17 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $9,900 -- $14 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $881 $23,980 $0 $0
2023 $801 $21,770 $0 $0
2022 $650 $16,550 $0 $0
2021 $632 $14,960 $0 $0
2020 $553 $13,700 $0 $0
2019 $602 $12,080 $0 $0
2018 $571 $10,950 $0 $0
2017 $551 $10,860 $0 $0
2016 $578 $10,330 $0 $0
2015 -- $10,270 $0 $0
2014 -- $9,670 $0 $0
2011 -- $13,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221065539

Realcomp

APN: 14-20-354-014